Robert
Irvine,#2Consumer Comment
Fri, November 11, 2011
AND HOW CAN THESE PEOPLE BE ALLOWED TO TELL ME I CAN OR CANT WRITE A CHECK? SHOULDN'T MY BANK DECIDE THAT.
- The short answer is NO your bank should not decide that. All your bank does is that when a check is presented to them they either pay it or return it if the funds are not available and they don't want to "cover" it.
Telecheck is a "Check Guarantee" service to merchants. What that means is that if they approve a check that gets returned by the bank Telecheck will pay the merchant for the bad check. Of course the check writer still owes the check and fees involved but they now pay Telecheck. Since Telecheck is taking the risk, Telecheck can determine if they will accept the check.
But there is a simple solution to this. Use your Debit Card instead, as it is linked to your Checking Account just like a Check. The only difference is that there is no "float" as to when the funds are removed. So unless you are "floating" a check there is no reason you can't use your Debit Card.
Of course based on your report you were floating a check(or checks) and found out what happens. So if you must write a check, you should only write a check if you have the funds currently available in your account.